Analisis Pengaruh Collateral Asset, Debt to Equity Ratio, Kepemilikan Institusional, dan Investment Opportunity Set (IOS) terhadap Kebijakan Dividen pada Perusahaan Manufaktur yang Terdaftar di BEI

Abstract

The purpose of research is to find empirical evidance of the influence collateral asset, debt to equity ratio, institusional ownership, size, and investment opportunity set (IOS) toward dividend payout ratio in manufacture companies which is listed in BEI. This study uses financial reporting of manufacture companies which is listed in BEI, in period 2008-2010. The data is obtained on www.idx.co.id. and Indonesian Capital Market Directory (ICMD). This study used multiple regression analysis. The results of this study found that collateral asset, debt to equity ratio, institusional ownership, size, and investment opportunity set (IOS) did not significantly influent toward dividend payout ratio.